Invalid date chosen. Displaying data for the latest date instead.
Stocks Making: Reversal New Highs Setup on
Rules (via 'Hit & Run Trading II'):
As always, the stock should be priced at more than $30 per share. The higher the price, the better
Today the stock must do all of the following:
For the buy: tomorrow only, buy 5 cents above today's high and risk 1 point.
Use a trailing stop and stay in the position until you are stopped out. This can be as short as a few hours to as long as a few days.
- It must trade under yesterday's low.
- It must then trade above yesterday's high (in other words, form an outside day).
- Today's range must be the largest range of the past five days, and today the stock must make a new 60-day high.
-
Related Scans:
Swing Setup
Bullish
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
GAINN | A | 24.83 | 0.77 | 8,227 | 2.99 | |
PSCJ | A | 25.82 | 0.35 | 50,821 | 2.41 | |
SRBK | A | 10.28 | 1.78 | 65,821 | 2.22 | |
RCB | A | 24.36 | 0.50 | 12,169 | 2.20 | |
SBFG | B | 18.04 | 4.88 | 14,896 | 1.78 | |
VABK | A | 41.80 | 4.89 | 15,719 | 1.72 | |
BPYPO | B | 13.82 | 0.95 | 46,350 | 1.71 | |
WHFCL | A | 25.29 | 0.12 | 3,204 | 1.54 | |
CHSCN | B | 25.76 | 0.69 | 17,373 | 1.11 | |
UTG | A | 31.09 | 1.30 | 390,240 | 0.93 | |
PSFO | A | 28.13 | 0.07 | 900 | 0.91 | |
NATH | B | 77.99 | 0.68 | 6,848 | 0.87 | |
CIMN | A | 25.72 | 1.18 | 14,979 | 0.86 | |
HOFT | D | 16.32 | 5.56 | 21,489 | 0.71 | |
BEEZ | A | 32.01 | 1.08 | 387 | 0.52 | |
SAT | A | 24.47 | 0.16 | 2,010 | 0.45 | |
VBND | A | 45.18 | 0.32 | 7,468 | 0.31 | |
FUSI | A | 50.93 | 0.02 | 601 | 0.28 | |
PLMI | A | 12.00 | 11.11 | 4,478 | 0.27 | |
NCPB | A | 25.98 | 0.21 | 1,412 | 0.14 |
Popular Now
Recent Comments
- LillyMilly1 on LILM
- TraderMike on RYDE what a RIDE!!! Holy Crap!
- Crunching_The_Market on RYDE what a RIDE!!! Holy Crap!
- LillyMilly1 on LILM
- TraderMike on Bollinger Band Squeeze
From the Blog
Featured Articles